MPCL Thermal Power Station

MPCL Thermal Power Project is located near Angul in Odisha. The power plant is one of the coal based power plants of Monnet Power Company Limited.

MPCL Thermal Power Project at Angul District in Odisha
Map
Official nameMonnet Power Company Limited TPS
CountryIndia
LocationAngul, Odisha
Coordinates20°55′19″N 84°59′24″E / 20.922°N 84.990°E / 20.922; 84.990
StatusUnder Construction
Construction began2010
Commission dateUnder implementation
Construction costRs 26,300 Million
OperatorMonnet Power Company Limited
Thermal power station
Primary fuelCoal
External links
Websitewww.monnetgroup.com

Power Plant

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The project is sponsored by Monnet Power Company Limited a subsidiary of Monnet Ispat and Energy Ltd and will use supercritical technology.

State-run power equipment maker BHEL has bagged an order worth Rs 5,600 crore for 1050-megawatts (MW) power plant from MPCL for this project on turnkey basis.[1]

The project was funded by a consortium of 27 banks, who has disbursed 85 per cent of their sanctioned amount but due to a cost overrun in the project, the lenders were not keen to extend/enhance further credit to the company. But now the parent company MIEL has passed a board resolution to sell its stake in power arm.[2][3]

Company is also planning another 660MW unit at the same site.[4]

Installed Capacity

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Stage Unit Number Installed Capacity (MW) Date of Commissioning Status
Stage I 2x525 1050 - Under Constructions

References

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  1. ^ "Bharat Heavy Electricals Ltd".
  2. ^ Aditi Divekar (31 December 2015). "Lenders prepare Monnet Ispat for recovery".
  3. ^ SI Reporter (10 July 2015). "Monnet Ispat surges 20% on stake sale in Odisha power plant". Business Standard India.
  4. ^ "Welcome :: Monnet Group".